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Active under contract
  • $349,000

    3997 Rainbow Dr, Decatur, GA 30034

    3beds
    --sqft
    : 
    Single Family Residence
    Built in 1955
    3.66 Acres Lot
    $348,800 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Workshop spaceFull unfinished basementOriginal hardwood floorsSeparate dining areaExpansive backyardOpen green spaceMature trees
    It's the LAND on this one! Discover timeless charm and endless potential with this estate-owned 4-sided brick ranch, nestled on a sprawling 3.66-acre lot in the heart of Decatur. This solid, well-built home offers a rare opportunity to own a private retreat with room to expand, renovate, or redevelop. This classic Mid-century Modern ranch-style residence features 3 bedrooms and 2 bathrooms, a full daylight basement, and original hardwood floors throughout most of the main level. The spacious living room is filled with natural light, while the vintage kitchen and separate dining area provide the perfect canvas for your personal touch. Enjoy peaceful mornings on the rear patio overlooking the expansive backyard, surrounded by mature trees and open green space. The full unfinished basement offers ample storage, workshop space, or potential for additional living areas or rental income. With endless possibilities, this property is ideal for homeowners, investors, or developers looking for acreage in a rapidly growing area. Located just minutes from I-285, downtown Decatur, East Atlanta, and major retail and dining, this home offers both convenience and privacy. This property is part of an Estate sale and is sold as-is. Don't miss this unique opportunity to own acreage in Decatur with solid bones and so much potential! The seller is happy to sell any furniture currently in the home. You do not want to miss this opportunity.
    5 days
    on Zillow
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    360
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    15
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    Zillow last checked: 7 hours ago

    Listing updated: 23 hours ago

    Listed by:

    Ashley Mandowa 770-330-7212,

    Mandowa and Company

    Source: GAMLS,MLS#: 10584954MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Rooms
    • Room types: Other
    Kitchen
    • Features: Breakfast Area
    Heating
    • Other
    Cooling
    • Other
    Appliances
    • Included: Other
    • Laundry: Other
    Features
    • Master On Main Level, Other
    • Flooring: Hardwood, Vinyl
    • Basement: Exterior Entry,Full
    • Number of fireplaces: 1
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 0
    • Finished area above ground: 0
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Carport, Detached, Garage
    • Has garage: Yes
    • Has carport: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Fencing: Back Yard
    • Body of water: None
    Lot
    • Size: 3.66 Acres
    • Features: Level, Private
    Details
    • Additional structures: Garage(s)
    • Parcel number: 15 125 05 013
    • Special conditions: As Is,Estate Owned

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Brick 4 Side,Other,Ranch
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Slab
    • Roof: Other
    Condition
    • Resale
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Electricity Available, Other, Water Available

    Community & HOA

    Community
    • Features: None
    • Subdivision: Decatur
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Decatur

    Financial & listing details

    • Tax assessed value: $209,800
    • Annual tax amount: $710
    • Date on market: 8/13/2025
    • Listing agreement: Exclusive Agency
    • Electric utility on property: Yes
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